Original or Copy: Is It Important for a Letter of Credit?

May
04
2020

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Sometimes the presentation of the original document is not possible for objective reasons, or the presentation of copies allows you to expedite the receipt of payment. In other cases, the bank should question the good faith of the parties or the validity of the transaction. Experts in the field of letter of credit settlement are well aware that determining whether a document is an original or a copy is one of the most difficult and controversial tasks when checking documents.